Forex Gann Hilo BB Scalping Strategy
From the Old Kings archive: Forex Gann Hilo BB Scalping Strategy, an indicator for MetaTrader 4. Judging by its name, it is built around Gann angles and levels, the daily high / low range and short scalping trades. In the code it works with moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 29 settings, for example Time Frame1 (default Current time frame), Time Frame2 (default next1) and Time Frame3 (default next2). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 4 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Gann Hilo BB Scalping Strategy
Forex Gann Hilo BB Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 29 settings, such as Time frame1, Time frame2 and Time frame3. MQL source code included.
Files in the download: 4 time frame Gann HiLo.ex4, 4 time frame Gann HiLo.mq4, adaptive Gann High-Low activator jma Heiken Ashi arrows-1_2.0.ex4, adaptive Gann High-Low activator jma Heiken Ashi arrows-1_2.0.mq4, gann hilo 4 time with bollinger bands scalping system.tpl, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame1 | Current time frame | Period or timeframe used by the calculation |
| Time frame2 | next1 | Period or timeframe used by the calculation |
| Time frame3 | next2 | Period or timeframe used by the calculation |
| Time frame4 | next3 | Period or timeframe used by the calculation |
| Look back | 10 | |
| Unique id | 4 Time Gann HiLo | |
| Lines width | 0 | |
| Labels color | DarkGray | Colour on the chart |
| Labels horizontal shift | 5 | Bar shift (0 = current bar) |
| Labels vertical shift | 1.5 | Bar shift (0 = current bar) |
| Alerts on | false | Turn this alert on or off |
| Alerts level | 3 | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Phase | 0 | |
| Mode | 1 | |
| Price | PRICE_MEDIAN | |
| Smooth | 5 | |
| Show arrows | false | |
| Arrows distance | 1.0 | Distance between orders |
| Alerts on current | true | Turn this alert on or off |
| Interpolate | true | |
| S v | -- Show Indi Value -- | |
| Show value | false | |
| Text color | White | Colour on the chart |
| Font size | 9 | |
| Font name | Verdana |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Scalping · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code